Now where is that EXTRA dollar?

There is usually extra charges on closing to pay for that service… but it is minimal.All the best!

Anyways, on my latest project, the title came back yesterday and revealed two extra parcels of land deeded to the seller under the property I was under contract for.

-Have an extra umbrella policy-Speak with my real estate attorney to make sure I did enough to limit my liability. 

I can't imagine how much extra time is spent without having automation.

Our 275 sq ft furnished garage should rent for $1600 - $1800/mo and the only extra fees compared to long term is $99/yr to post on furnishedfinders.com. ...I should have this finished by the end of next month, so can keep you updated on whether this plan works and what we rent for. 

The land is on two tax lots so my plan is to sell the extra lot immediately after closing for a projected $275K.The property on the other lot will be a fix and flip with projected costs of $240K and an ARV of $750K.I plan to use a PML of 2 points and 12% APY for 70% of the total cost.

This is from the BP rental calculator and is exactly what I'm wanting to see, just with extra payments each month. 

Also, keep in mind that an IN multi member LLC would require a separate tax return, so you would want to budget for extra admin fees.

If you don't have the extra cash, can you get creative with a private lender or partner stacked on bank debt?